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barack obama and mr. boehner want to cut spending and they don't want to use an ax and use a scapel they want to have bipartisan, the cbo has laid it out line by line. you cited some of the instances. i came up with another $96 billion just doing very minor simple little things. it would be like you saying to me, i spent hundred dollars a week on gasoline and my budget is out of balance. okay, you are only allowed to spend $99 on gasoline and within ten years we'll be okay. that is how small they are. you watch this thing get demagogued to debt. you are going to raise social security and do it on the backs of old people. >> neil: ten years out and youngest age, no one would be close to retirement age now. leaving aside that, this is incremental efforts to save money and i think a lot of people when they hear the tax thing demagogued, when you three to slow the growth of entitlements you are throwing granny off the cliff, but the fact of the matter is if we don't slow the growth, 1% we won't have those ent
barack obama and mr. boehner want to cut spending and they don't want to use an ax and use a scapel they want to have bipartisan, the cbo has laid it out line by line. you cited some of the instances. i came up with another $96 billion just doing very minor simple little things. it would be like you saying to me, i spent hundred dollars a week on gasoline and my budget is out of balance. okay, you are only allowed to spend $99 on gasoline and within ten years we'll be okay. that is how small...
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this is a fox news alert. another shakeup in the obama administration. labor secretary hilda soliz submitted resignation this afternoon saying after spending the holiday with her family she is ankious to get to her home in california. it's not clear when she will leave the labor department or who may be in line to replace her. tomorrow, they are set to nominate jack lew to be the treasuresy secretary. joining us to discuss this are familiar faces. karl rove from texas. and joe trippi in washington. thank you for being here. i want to break down battles one-by-one. the first one getting attention is chuck hagel for defense secretary. how big of a bat doll you think this is. where do you think it will play out? >> this is the biggest of the five nomination fights we know about. maybe a vote against hagel. few republicans, none come to his defense. few republicans might vote for him. he has a contentious personal background. hard, acerbic and hard to work with. more important than that is the record on the issues. opposed to iranian sanctions. he opposed th
this is a fox news alert. another shakeup in the obama administration. labor secretary hilda soliz submitted resignation this afternoon saying after spending the holiday with her family she is ankious to get to her home in california. it's not clear when she will leave the labor department or who may be in line to replace her. tomorrow, they are set to nominate jack lew to be the treasuresy secretary. joining us to discuss this are familiar faces. karl rove from texas. and joe trippi in...
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Jan 9, 2013
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he is also expected to explain new york's recovery effort after superstorm sandy. >>> president obama makes another cabinet pick. the president will nominate jack lew to be his next treasury secretary. he is the chief of staff. he has an under gradt degree from harvard and a law degree from georgetown university and is an orthodox jew. his first big hurdle is to tackle the nation's $16.4 trillion debt ceiling and spending limits coming up. dan lothian looks at some of the scrutiny lew will likely face. >> reporter: jack lew is a key washington insider but to people outside the beltway he is somewhat of an unknown. the white house chief of staff poised to run the treasury department. >> he has helped strengthen our economy and stream line the government. >> reporter: but lew's past is being scrutinized from wall street to main street. >> more than anything wall street will view this as a doubling down of the current economic and fiscal policies from the obama administration. >> reporter: and an extension of the administration's get tough on wall street approach that has left the presid
he is also expected to explain new york's recovery effort after superstorm sandy. >>> president obama makes another cabinet pick. the president will nominate jack lew to be his next treasury secretary. he is the chief of staff. he has an under gradt degree from harvard and a law degree from georgetown university and is an orthodox jew. his first big hurdle is to tackle the nation's $16.4 trillion debt ceiling and spending limits coming up. dan lothian looks at some of the scrutiny lew...
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a new york times op ed says that president obama's pick is part after move to decimate the military according to dave brooks. chuck hagel has been nominated to supervise the beginning of this generation-long process of defense cutbacks. if a democratic president is going to slash defense he probably wants a republican at pentagon to give him political cover, and he probably wants a decorated war hero to boot, very strong words from david brooks. let's bring in steve hayes writer at "weekly standard" and a fox news contributor. good morning, steve. >> good morning, martha. martha: the strongest in that is that he would supervise the military's decline. do you think so. >> i think there is evidence to support the remarks david brooks is saying. bill burton a former deputy white house secretary and a close adviser to the president, very in close with the obama inner circle say as much in an interest view. he said we want chuck hagel there to allow us to bring through what he called huge cuts to the military. so you've got somebody close to the president who is saying that chuck hagel will make i
a new york times op ed says that president obama's pick is part after move to decimate the military according to dave brooks. chuck hagel has been nominated to supervise the beginning of this generation-long process of defense cutbacks. if a democratic president is going to slash defense he probably wants a republican at pentagon to give him political cover, and he probably wants a decorated war hero to boot, very strong words from david brooks. let's bring in steve hayes writer at "weekly...
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. >>> first brand new stories and more breaking news. jon: big battles ahead for president obama as he gets ready to face off with congress over the debt ceiling, gun control and immigration. the latest on a grew some murder trial underway in phoenix right now for the woman who claims she shot her boyfriend, stabbed him over and over again and slit his throat but all of it, she says, was self-defense. >>> plus, could diet soda cause depression? we'll talk to dr. manny. it is all "happening now." jon: a lot of news to get to today but we begin with this fox news alert on a brand new outbreak of a fast moving and very contagious disease. good wednesday morning, everybody. i'm jon scott. jenna: we're talking about a new strain of norovirus first emerging in australia. known because of that acid any 2012. now it is hitting the united states in 2013. adam housley has more on all of this. what is going on? >> reporter: this is being watched all across the country. this is flu season and flu outbreak numbers have gone up across the country. thi
. >>> first brand new stories and more breaking news. jon: big battles ahead for president obama as he gets ready to face off with congress over the debt ceiling, gun control and immigration. the latest on a grew some murder trial underway in phoenix right now for the woman who claims she shot her boyfriend, stabbed him over and over again and slit his throat but all of it, she says, was self-defense. >>> plus, could diet soda cause depression? we'll talk to dr. manny. it is...
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right now a lot of news out there. >> the nra and obama administration are one day away from a face to face showdown on gun control. vice president's gun violence project gets down to business today meeting with victims' rights and gun safety groups. tomorrow representatives of sports man and gun owners groups get their turn. bad news for the redskins rookie robert griffin iii. he'll have surgery in the next few days and may miss the start of next season. rg3 was hurt and left the game in saturday's playoff loss to seattle. one sports doctor says the lcl tear could possibly keep griffin out for 8 to 12 months and he may have an acl tear, as well. >>> way to stay classy, thieves. someone actually robbed ron burgundy. $300,000 worth of copper wire and four computers were swiped from the atlanta set of anchorman 2. the sequel which stars will ferrell is scheduled to come out at the end of the year. >>> great white shark alert. police in jacksonville beach say don't go in the water. shark researchers advise they spotted a great white shark they named mary lee just 200 yards offshore yester
right now a lot of news out there. >> the nra and obama administration are one day away from a face to face showdown on gun control. vice president's gun violence project gets down to business today meeting with victims' rights and gun safety groups. tomorrow representatives of sports man and gun owners groups get their turn. bad news for the redskins rookie robert griffin iii. he'll have surgery in the next few days and may miss the start of next season. rg3 was hurt and left the game in...
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new term, new treasury secretary, a source confirms to cnn that president obama is set to nominate his current chief of staff jack lew to replace tim geithner. lew is described as the consummate washington insider and behind the scenes dealmaker. he also has ties to wall street. he was an executive at citigroup, served as budget director under bill clinton and then again more recently under president obama. he was a key player during the 2011 debt ceiling talks that almost shut down the government. going to have his work cut out for him. democrats and republicans on capitol hill gear up for that battle over extending the debt ceiling with the global embarrassment that serves as economic policy debate in washington these days. i have a hunch tim gheit neeith won't miss taking part in another one of those showdowns. >>> aig made the right decision, the decision not to join a crabby shareholder lawsuit against the u.s. government. probably heard by now about the lawsuit, led by former aig ceo maurice hank greenberg. it claims the terms of the $182 billion government bailout which saved th
new term, new treasury secretary, a source confirms to cnn that president obama is set to nominate his current chief of staff jack lew to replace tim geithner. lew is described as the consummate washington insider and behind the scenes dealmaker. he also has ties to wall street. he was an executive at citigroup, served as budget director under bill clinton and then again more recently under president obama. he was a key player during the 2011 debt ceiling talks that almost shut down the...